Christopher Barker Articles

Last 50 articles...

Today's Market

updated 2 days ago Sponsored by:
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 1.24 0.06%
NASD 5,127.53 11.38 0.22%

Community: Investing Wiki

Term Of The Hour

currency gain loss: Original post by Bryan Keythman of Demand Media Foreign currency exchange is the buying or selling of one country’s currency for another. A bank or dealer who conducts foreign currency transactions for customers typically quotes currency prices to four decimal places, the last of which is called a basis point, or pip. For example, it may cost $1.4023 to purchase one euro. In this quote, the…

Want to learn more or edit this definition?
Click here to read more!